Payments/Credit/Debit

CANBERRA, Australia - A report from the economics committee of the Australian parliament has recommended that the nation adopt card technology which would replace the use of signatures with the combination of personal identification numbers and computer chips.

ST. PAUL, Minn. - Members of the $1 billion Affinity Plus FCU have reacted well to a fairly comprehensive rewards program that the CU has put into place. In addition to offering a standard rewards program on its card products, Affinity has started offering points for interest payments on loans,...

HERNDON, Va. - NACHA, the electronic payments association, and affiliated groups will continue their effort in May to get banks, credit unions, and nonprofit organizations across the country to increase their use of direct deposit and direct payment in place of paper checks. The group led by NACHA, Electronic Payments...

ONTARIO, Calif. - As reported previously, CO-OP Network has decided to continue its relationship with TRM and to continue offering surcharge-free access to TRM's 5.500 Access Cash machines. Now the nation's largest credit union-owned surcharge-free network has inked the agreement that finalizes the deal. After an analysis in the wake...

PONTIAC, Mich. - Jim Henmueller, CEO of the $97 million Chief Pontiac FCU is citing members' desires for more credit card rewards and lower rates as reasons for the CU to have sold its credit card portfolio to Elan Financial Services, a subsidiary of US Bancorp. "We realized that in...

HARRISBURG, Pa. - A television commercial designed to educate Pennsylvania credit union members and the public at large about the benefits of shared branching has won an award. The Telly Awards are meant to "honor outstanding local, regional, and cable television commercials and programs," according to The Creative Group, a...